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More - Christopher Thornberg Quotes

It's business delayed, not business canceled. They make people aware of what's going on, but it doesn't cause any economic impact. It's a pain in the butt, but they get their point across. - Christopher Thornberg Quotes

It's business delayed, not business canceled. They make people aware of what's going on, but it doesn't cause any economic impact. It's a pain in the butt, but they get their point across.

Christopher Thornberg

When consumers realize they can no longer expect that appreciation bonus to subsidize their consumption habits, they will very likely pull back on spending. - Christopher Thornberg Quotes

When consumers realize they can no longer expect that appreciation bonus to subsidize their consumption habits, they will very likely pull back on spending.

Christopher Thornberg

California in 2005 did better than we thought. But my feeling is the employment picture in 2006 is not going to be as good as 2005. - Christopher Thornberg Quotes

California in 2005 did better than we thought. But my feeling is the employment picture in 2006 is not going to be as good as 2005.

Christopher Thornberg

The markets are starting to cool, and everyone says we may be sliding down the backside of a hill. - Christopher Thornberg Quotes

The markets are starting to cool, and everyone says we may be sliding down the backside of a hill.

Christopher Thornberg

Housing prices are going up because the wealthy want to live along the coast. That's who's driving prices up. - Christopher Thornberg Quotes

Housing prices are going up because the wealthy want to live along the coast. That's who's driving prices up.

Christopher Thornberg

Building 200,000 new residences per year, not to mention the current interest in fixing up existing homes in order to spend new housing equity as fast as possible, will tend to drive this (employment). - Christopher Thornberg Quotes

Building 200,000 new residences per year, not to mention the current interest in fixing up existing homes in order to spend new housing equity as fast as possible, will tend to drive this (employment).

Christopher Thornberg

By the middle of the year, the cooling real estate market will take a bite out of employment growth everywhere. The question is, can other sectors of the economy pick up the slack? That is a big mystery right now. - Christopher Thornberg Quotes

By the middle of the year, the cooling real estate market will take a bite out of employment growth everywhere. The question is, can other sectors of the economy pick up the slack? That is a big mystery right now.

Christopher Thornberg

We've never seen this size of a housing bubble before, so in a sense we're in kind of a strange place right now. - Christopher Thornberg Quotes

We've never seen this size of a housing bubble before, so in a sense we're in kind of a strange place right now.

Christopher Thornberg

The forecast for California is mediocre at best; at worst we are liable to dip into another recession, ... at least 50% if not more. - Christopher Thornberg Quotes

The forecast for California is mediocre at best; at worst we are liable to dip into another recession, ... at least 50% if not more.

Christopher Thornberg

We say it's a bubble, but a housing bubble does not pop like a stock market bubble, ... A stock market bubble, when it pops, lots of market activity, prices dropping rapidly. Housing prices don't drop that way because there's a huge fixed cost. You don't day-trade your home. - Christopher Thornberg Quotes

We say it's a bubble, but a housing bubble does not pop like a stock market bubble, ... A stock market bubble, when it pops, lots of market activity, prices dropping rapidly. Housing prices don't drop that way because there's a huge fixed cost. You don't day-trade your home.

Christopher Thornberg

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